Building Details

Year Built 2016

Tenancy Single

Listing Agency: Marcus & Millichap - San Diego p***@marcusmillichap.com Show Phone

Listed By: Phil Sambazis · License #01474991

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 3:58AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

This investment-grade absolute NNN property is constructed in 2016 and is offered with a 15-year absolute NNN lease. The lease includes 10% increases in each of the option periods, and the tenant is described as an investment-grade credit rated 'BBB' by S&P.

The property is directly off US Highway 19 with direct access to Blacksburg and Roanoke, and it is located just off a major three-way signalized intersection. It is also described as minutes to Southwest Virginia Community College, where 3,755 students are noted. The closest Dollar General is indicated as 14+ miles away.

Key Highlights

• Brand new 2016 construction offered with a 15‑year absolute NNN lease
• Lease includes 10% increases in each of the option periods
• Located directly off Hwy. 19 with direct access to Blacksburg and Roanoke

Property Analytics

Current Use

NNN properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Parking Lot & Garage Tanning Salon Law Firm Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

41

Businesses Nearby

Explore this area Business Placement

Demographics for 24280, VA

772

Population

327

Households

2.4

Avg Household Size

50

Median Age

20%

College-Educated

85%

High-School Grad

10.0 sq mi

ZIP Area

77

Density / Sq Mi

$69,844

Median Household Income

$259,000

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

NNN property - Brand new 2016 construction offered with a 15-year absolute NNN lease and 10% increases during option periods.

Where is this nnn property located?

The property is located at 18464 US Highway 19 Rosedale, VA.

What are key features of this property?

This property features: Brand new 2016 construction offered with a 15‑year absolute NNN lease; Lease includes 10% increases in each of the option periods; Located directly off Hwy. 19 with direct access to Blacksburg and Roanoke